Cost of Filing of Annual Return & Other Post Incorporations

Annual Return is a yearly statement which gives essential information about a firm’s composition, activities, and financial position, and which must be filed by every active incorporated or registered firm with Corporate Affairs Commission of Nigeria.

Annual Returns filling is a compulsory Post-Incorporation registration/ filling. There are other post incorporation fillings that are done with Corporate Affairs Commission of Nigeria.

 

Read: How and Cost of Registering A Business/ Company in Nigeria

 

Before filling a company’s annual returns, the company must be a registered company in Nigeria.

Also, filing of company’s annual return goes with fee(s). Below are the official fees/ rates of annual return filing in Nigeria.

When is Annual Return Filed?

An annual return must be filed annually. New companies may not file its return within the first 18 months of its incorporation, while for older companies, the annual return is due no later than 42 days after its Annual General Meeting. Section 374 CAMA.

How to File Annual Returns

The procedures for filing returns for enterprises and incorporated companies are almost the same but for the purpose of clarity, the two procedures are separately itemised below:

For Enterprises:

  1. Download annual returns form
  2. Fill the form properly
  3. The annual return shall be signed by the proprietors, and where a company is a proprietor, by a director and secretary of the company
  4. Submit the completed form for verification and assessment
  5. Pay the required annual returns fee to the authorised bank
  6. Keep your receipt/teller as evidence of payment

For Companies:

  1. Company’s Statement of Affairs or Audited Statement of Accounts prepared by licensed Auditors.
  2. Download annual returns form
  3. Fill the form properly and sign
  4. Attached your Company’s Statement of Affairs or Audited Statement of Accounts duly signed by the Director and Company’s Secretary.
  5. Submit the completed form for verification and assessment
  6. Pay the required fee to the authorised bank
  7. Keep your receipt/teller as evidence of payment.

 

Read: Business/ Company Registration in Nigeria

 

Cost of Annual Returns Filling and other statutory document with CAC in Nigeria

S/N DESCRIPTION FEES IN NIARA (₦)
1 Filing of annual return for a small Company N2,000.00
2 Filing of annual return for Private company other than a small company N3,000.00
3 Filing of annual return for public company N5,000.00
4 Filing of annual return for company Limited by Guarantee N5,000.00
5 Filing of annual report by foreign companies N5,000.00
6 Filing of statement in form of schedule 14 under section 553 N10,000.00
7 Filing of notice of merger/acquisition N50,000.00
8 Filing of special resolution for merger N20,000.00
9 Filing of other documents relating to merger N10,000.00
10 Filing of statutory declaration of solvency N5,000.00
11 Registration of appointment of liquidator N10,000.00
12 Registration of resolution for winding up N10,000.00
Filing of return of final meeting and account of liquidation N5,000.00
13 Filing of notice of change of company name N10,000.00
Filing of notice of alteration of memorandum and articles of association N5,000.00
Filing of notice of changes in particulars of directors N2,000.00
Filing of return of allotment and or notice of change in shareholding N2,000.00
Filing of notice of change in registered address N2,000.00
Filing of notice of appointment of receiver N10,000.00
Filing of notice of discharge of receiver N5,000.00
Filing of notice of change of signature N2,000.00
Filing of notice of reduction in share capital by public company N20,000.00
Filing of notice of reduction in share capital by private company N10,000.00
Filing of deed of release by public company N10,000.00
Fiiling of deed of release by private company N5,000.00
Application for extension of time for holding of annual general meeting by public company N10,000.00
Application for extension of time for holding of annual general meeting by private company N5,000.00
Letter of Good Standing N10,000.00
Other filings (miscellaneous) N2,000.00
Certified true copy of certificate of registration N10,000.00
Certified true copies of memorandum and articles of association N3,000.00
Electronic Search N1,000.00per company
Manual Search by customers N2,000.00 per company file
Manual Search Report prepared by officers of the Commission N5,000.00
Certified true copies of other documents N2,000.00 per document
Consent for Restricted Names N5,000.00

 

For help and other assistance, click contact us:
Email: contact@aziza.com.ng
Mobile: +234 8033 185 898

 

Cost of Filing of Annual Return & Other Post Incorporations

| Blog | 0 Comments